Home » Foreclosed Properties » More than 9,000 properties foreclosed by GSIS to be disposed under their GMA HeLPs program

More than 9,000 properties foreclosed by GSIS to be disposed under their GMA HeLPs program

As promised, I am featuring the latest listing of properties foreclosed by the Government Service Insurance System or GSIS. The GSIS is selling these foreclosed properties under their GMA HeLPS program which stands for Garantisadong Mababang Amortization na House En Lot Para Sa’yo (Guaranteed low amortization house and lots for you). I just wonder if they will change the name of this program soon since GMA is about to end her term as president.

This foreclosed listing includes a staggering 9,627 pre-owned homes for sale. If you want to save money by buying foreclosed homes, then this just might be what you have been looking for. Just stay clear of the foreclosed properties that are still occupied, as indicated on the foreclosed listing below.

The program promises lower amortizations by offering a low annual interest rate of 6%, probably the lowest available today. Aside from the low interest rate, the program also offers payment terms of up to 30 years, which again should translate to lower monthly amortization payments and make them more affordable.

If you are interested and want to know more details, please inquire directly at the GSIS Housing Booth at the GSIS Main Office lobby or any GSIS office nearest you. You may also call 479-3543. Remember, please call GSIS directly for questions or inquiries. I am just posting their listing here as a free service to readers and subscribers of foreclosurephilippines.com

Click here to download a copy of the foreclosed listing from GSIS as of May 12, 2010. (Source: GSIS Website)

Click here to go to the GSIS webpage where you can get a list of foreclosed properties for sale under the GMA HeLPS program

I just hope this program delivers as promised without the hassles as described in my previous post about the GSIS along with comments from readers. The article can be found here: GSIS sells foreclosed housing units by offering 6% fixed interest rates but…

Don’t forget to do your due diligence!

Happy hunting!

To our success and financial freedom!

Jay Castillo

Real Estate Investor
Real Estate Broker License #: 3194
Blog: https://www.foreclosurephilippines.com
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Text by Jay Castillo and Cherry Castillo. Copyright © 2010 All rights reserved.

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About Jay Castillo
People encounter problems and make mistakes when buying foreclosed properties, and Jay wants to help people avoid those problems/ mistakes. Jay encountered a lot of those, which is why he started this blog in 2008 to serve as a guide where he shares lessons learned, and how to overcome challenges you may encounter when investing foreclosed properties in the Philippines … [Read more]
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14 thoughts on “More than 9,000 properties foreclosed by GSIS to be disposed under their GMA HeLPs program”

  1. sir jay good day ask ko lang may problem kasi ako sa kukunin kong property kaya lang mag iinitial payment ako for litigation.sabi after nun pede narin akong magbayad ng full payment.sana matulungan mo ko thanks and godbless.

    Reply
  2. it is very hard to deal with gsis, for those interested to buy lot from gsis, stop god damme dream im sure you just lyk buying problem in gsis. im very sure of it.

    Reply
  3. HI Jay,
    I want to buy a property in GSIS in Quezon City area, but I’m currently staying in England. How can I avail this ? .Thanks! 

    Reply
  4. i have email gsis regarding the pre-owned house they emailed me back and said it is only availble thru cash basis. they no longer offer a housing loan for non-members. if you want to buy a pre-owned house at gsis it will be on a cash basis only.

    Reply
  5. hi jay pwede ka bang bumili ng bahay sa gsis kahit hnd ka member dito?at paano ako makakasiguro na wala itong hassle na mag purchase kahit nasa abroad ka

    Reply
  6. HI Jay,
    I want to buy a property in GSIS sa Metro manila area lang po,but paano ako makakaavail nito,nasa abroad kasi ako,and gusto kung maka bile ng house and lot for my investment,Pwede mo ba akong bigyan ng nga forclosed property in some areas in metro manila…Thanks Jay and God bless you always.

    Reply
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